Ring fence: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson mNo edit summary |
imported>Doug Williamson m (ACT Website link added 2/10/13) |
||
Line 12: | Line 12: | ||
Sometimes written "ringfence". | Sometimes written "ringfence". | ||
==Other links== | |||
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013] |
Revision as of 13:57, 2 October 2013
1.
To legally separate particular assets or liabilities within a company or other organisation.
For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity.
2.
The legal barrier created for this purpose.
Sometimes written "ringfence".